Getting the word out about Long-Term Care Awareness Month
As you are hopefully aware, for the 14th annual time, November is Long-Term Care Awareness Month.
The primary objectives of the initiative, created in 2001 by the American Association for Long-Term Care Insurance (AALTCI), are consumer education and, naturally, raising public awareness of the need for LTC coverage.
This year AALTCI Executive Director Jesse Slome has made an admirable effort to get the subject some attention from those who most need to know about it. First there was the special insert in the November issue of Kiplinger’s Personal Finance, on newsstands now, made possible with sponsorship from four carriers: Mutual of Omaha, New York Life, Genworth and Thrivent.
“The participation of four insurers marks the Association’s largest effort in many years,” says Slome, adding that the insert features four pages of high-impact messaging appearing in the widely read and influential personal finance publication. The AALTCI insert (cover pictured at right) focuses on the newest planning strategies and policy options that make long-term care insurance affordable. “These inserts share the latest industry data as well as some ideas that few consumers are aware of,” Slome says. “By having four pages in the magazine we are really able to deliver a lot of timely and valuable information.”
New York Life also launched its own program in conjunction with LTC Awareness Month, called “Talk to Ten,” which challenges agents to reach out to at least 10 people during November to discuss long-term care insurance. All agents who take the pledge to do so – several hundred have done so already – receive a free “Talk to Ten” kit containing free copies of an “LTC Decision Guide” for use during the campaign, “Talk to Ten” reminder tools, and ideas for maximizing reach during the November push.
Slome also put out a news release to the mainstream media about “a timely approach” to long-term care planning he advocates – “Good, Better, Best,” which was picked up in various forms by a number of outlets (see links on next page).
“It’s good knowing that millions are being exposed to the virtues of the ‘Good, Better, Best’ approach to long-term care planning,” Slome says. “It’s clearly a message that resonates because it gives people options as opposed to an approach that says, ‘Here’s your plan, take it or leave it.’ This is the perfect kickoff to our on-going efforts to educate consumers about the importance of planning for the very real risk of needing extended care.”
Slome notes that LTC products have improved, and says consumers in their mid-50s to early 60s will find the new options and innovations especially attractive – and affordable.
“Price matters to everyone but the super rich and the strategy we focus on helps consumers understand ways to make this important protection fit within their available budget,” Slome says.
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